The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Asure Software's Revenue for the
three
months ended in Mar. 2026 was $42.8 Mil. Asure Software's average Accounts Receivable for the
three
months ended in Mar. 2026 was $14.7 Mil.
Hence, Asure Software's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.92.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Asure Software Receivables Turnover Related Terms
Asure Software Receivables Turnover Historical Data
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The historical data trend for Asure Software's Receivables Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ASUR vs IMMR, SMRT, LAW: Receivables Turnover Comparison
For the Software - Application subindustry, Asure Software's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Asure Software Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Asure Software's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Asure Software's Receivables Turnover falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Asure Software (ASUR) has a Receivables Turnover of 2.92 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Asure Software and its competitors. According to the industry distribution chart, Asure Software ranks #584 out of 2765 companies in the Software industry, placing it in the top 21.1%.
Is Asure Software's Receivables Turnover too high?
Asure Software's current Receivables Turnover is 2.92. The Software industry median Receivables Turnover is 5.68. Asure Software's value of 2.92 is 48.6% below this industry median. Based on the distribution chart, Asure Software ranks #584 out of 2765 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Asure Software has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asure Software's Receivables Turnover compare to IMMR and SMRT?
According to the Software industry distribution chart, Asure Software ranks #584 out of 2765 companies for Receivables Turnover. This places Asure Software in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.68. Asure Software's value of 2.92 is 48.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,765 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asure Software's current Receivables Turnover of 2.92 is 48.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Asure Software and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asure Software's current Receivables Turnover is 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asure Software stock overvalued right now?
Based on GuruFocus' analysis, Asure Software (ASUR) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.88, compared to a current price of $8.33 — trading 15.7% below its estimated fair value. The current Receivables Turnover is 2.92 and 48.6% below the Software industry median of 5.68. Asure Software's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Asure Software (ASUR), the current Receivables Turnover is 2.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asure Software (ASUR) Overvalued in 2026?
Based on GuruFocus' analysis, Asure Software stock appears to be undervalued.
The current stock price of $8.33 is trading 15.7% below its estimated GF Value™ of $9.88.
GuruFocus considers Asure Software to be Modestly Undervalued.
Key valuation signals for ASUR:
Receivables Turnover: 2.92
GF Value™: $9.88 vs. price of $8.33 (15.7% below fair value)
Industry Position: 48.6% below the Software median (#584 of 2765)
No single metric tells the full story. See the ASUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) software solutions delivered as Software-as-a-Service (SaaS) to businesses of all sizes. It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money, and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its products majorly in the United States.
73GF Score
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